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    Property profile & analytics

    87 Fry Rd Shelter Island, NY 11964

    • Showrooms
    • 1,984 SF
    • 1.62 lot acres
    OFF-MARKET
    Value Estimation
    $2,040,000
    Last Sale
    Oct 11, 2022
    $2,050,000
    Location Intelligence
    Property ID
    US63-1968326
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • North Fork Seafood / Seafood Market
    • Seps farm stand / Fruit And Vegetable Store

    Property Details for 87 Fry Rd

    Year built
    1980
    Lot size
    1.62 lot acres
    Property size
    1,984 SF
    Zone code
    B
    Property type
    Showrooms
    APN
    0700-015.00-01.00-001.000
    APU
    700015000100001000

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $1,985,000

    • CAP approach

      CAP return
      Estimation
      6%
      $2,120,000
      6.5%
      $2,265,000
      7%
      $1,930,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $2,435,000
      Geo Method
      $2,145,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $2,110,000
      Retail
      $2,095,000
      Mixed-Use
      $2,170,000
      Hospitality
      $2,115,000
      Educational
      $2,445,000
      Residential Income
      $2,365,000
      Energy
      $1,795,000
      Income-Based Land
      $2,265,000
      Food Service
      $1,785,000

    Location Insight

    • Map
    • Local Demand
    City
    Shelter Island
    County
    Suffolk
    State
    New York
    Longitude
    -72.3419
    Latitude
    41.0745
    CBSA code
    35620
    CBSA name
    NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2020
    $0.00
    $374,200
    $655,800
    $1,030,000
    -
    $512,603
    $898,356
    $1,410,959

    Comparable in this City

    • Value Estimation by Request
      3,140 SF

      75 Menantic Rd

      SHOW ROOM, WAREHOUSE • 3,140 SF
      75 Menantic Rd, Shelter Island, NY 11964
      View Details
    • Value Estimation
      $335,000
      1,632 SF

      25 Nck Rd

      SHOW ROOM, WAREHOUSE • 1,632 SF
      25 Nck Rd, Shelter Island, NY 11964
      View Details
    • Value Estimation by Request
      1,756 SF

      71 Fry Rd

      SHOW ROOM, WAREHOUSE • 1,756 SF
      71 Fry Rd, Shelter Island, NY 11964-2422
      View Details
    • Value Estimation
      $3,205,000
      2,073 SF

      188 Fry Rd

      SHOW ROOM, WAREHOUSE • 2,073 SF
      188 Fry Rd, Shelter Island, NY 11964
      View Details
    • Value Estimation by Request
      3,579 SF

      186 Fry Rd

      SHOW ROOM, WAREHOUSE • 3,579 SF
      186 Fry Rd, Shelter Island, NY 11964
      View Details
    • Value Estimation by Request
      6,500 SF

      1 Midway Rd

      SHOW ROOM, WAREHOUSE • 6,500 SF
      1 Midway Rd, Shelter Island, NY 11964
      View Details

    Similar Nearby for Sale

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      2,200 SF

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      Shelter Island farmhouse with water views, dock, and sunset exposure.
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    • $2,500,000

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      Land available on Shelter Island, New York.
      25 W Nck Rd, Shelter Island, NY 11964
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    • $6,999,000
      6.00 Acres

      Shelter Island Waterfront Land Opportunity

      Rare 6-acre waterfront property with approved architectural plans.
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    87 Fry Rd
    Shelter Island, NY 11964
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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